Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-10-13 17.046630 19.422066 22.014137 25.053502 28.521140 32.355851 36.920773
2024-10-20 13.164660 16.135064 19.621477 24.019039 29.424010 35.858530 44.113550
2024-10-27 10.580626 13.848632 17.944679 23.463489 30.719693 39.956027 52.641379
2024-11-03 8.986204 12.511214 17.210994 23.950007 33.393947 46.202137 64.970609
2024-11-10 7.803988 11.520455 16.774635 24.768337 36.672587 53.825657 80.570249
2024-11-17 6.638317 10.357579 15.915653 24.860625 38.973926 60.517704 96.159509
2024-11-24 5.466001 8.985635 14.528119 23.935298 39.613520 64.893633 109.145105
2024-12-01 4.528341 7.822258 13.273654 23.006658 40.097361 69.134640 122.784471
2024-12-08 3.887626 7.041188 12.514513 22.772771 41.712185 75.550870 141.415823
2024-12-15 3.418491 6.478437 12.036651 22.950655 44.095456 83.748544 164.909022
2024-12-22 2.991196 5.918310 11.470757 22.868810 45.991808 91.410667 188.962625
2024-12-29 2.726418 5.623746 11.354854 23.637090 49.691731 103.224488 223.727256
2025-01-05 2.410455 5.183829 10.905154 23.708350 52.116352 113.191750 257.343922
2025-01-12 2.075926 4.645881 10.164803 23.037326 52.856773 119.819610 285.240740
2025-01-19 1.823764 4.241801 9.640145 22.747070 54.405903 128.571182 320.101465
2025-01-26 1.673871 4.043147 9.538318 23.417805 58.352556 143.679700 373.920549
2025-02-02 1.558611 3.905627 9.554946 24.383561 63.237800 162.086723 440.519960
2025-02-09 1.413656 3.668784 9.292708 24.608179 66.312787 176.642900 500.508723
2025-02-16 1.235369 3.314293 8.675790 23.795673 66.501188 183.759185 541.767165
2025-02-23 1.080532 2.993261 8.088682 22.952030 66.446170 190.252735 582.969782
2025-03-02 0.974041 2.784617 7.764254 22.781695 68.289128 202.521366 644.705048
2025-03-09 0.895135 2.639255 7.588518 23.010455 71.376341 219.126653 724.310669
2025-03-16 0.815660 2.477559 7.337937 22.968879 73.645389 233.794275 801.507337